Where Joe Was Given Authority to Do "Anything Necessarily Incidental

question 158

True/False

Where Joe was given authority to do "anything necessarily incidental" to carrying out his agency function of selling vacuum cleaners for the principal,that gave Joe the authority to borrow money to purchase a car to be used in the business.

Recognize the role of work processes in organizational operations.

Apply knowledge in creating detailed job descriptions for new employees.

Distinguish between job description, job specification, and other HR documents.

Appreciate the significance of competent organizational structure and its impact on decision-making.

---

Definitions:

CarMax Dealership

A chain of used-car dealerships in the United States known for its no-haggle pricing and comprehensive vehicle inspection process.

Fixed-price Policy

A pricing strategy where a product or service is sold at a consistent price, regardless of market changes.

Buyers

Entities or groups that acquire products or services for personal consumption, to sell again, or for manufacturing needs.

Real Time

Information technology that processes data as it is received, with very little delay.